BiblePay (BBP)

What is BiblePay (BBP) Cryptocurrency Coin? BiblePay (BBP) is an open source, decentralized cryptocurrency that was founded in late 2016 by Rob Andrews, a software engineer and crypto-enthusiast. It is a type of digital asset used as a medium of exchange that operates on a blockchain network, and focuses on being a great cryptocurrency while also achieving a “Christian-centric mission” of making numerous charitable donations to people in need around the world. Who Founded BiblePay? BiblePay was founded by Rob Andrews, a software engineer and crypto-enthusiast in late 2016. His goal was to create a cryptocurrency that has a focus towards charitable giving. This focus is dedicated to aid orphans and widows in need around the world by fundraising for charities in a more transparent and cost-efficient way. What Makes BiblePay Unique? One of the unique aspects of BiblePay is its emphasis on living up to its Christian-centric mission by actively doing charity work. This is done through the Proof of Giving consensus, where each block is mined by a proof of work algorithm, with 10% of the mining rewards going towards charity. It is mainly used for humanitarian causes such as providing clean water for villages and building orphanages. BiblePay is also unique in the sense that it is the first cryptocurrency to implement a decentralized static budget system, which allows for a harmless inflation as well as a predictable way to raise funds. Lastly, it implements a reward system through the Daily Offerings Pool, where users that own a certain number of BiblePay coins are rewarded with additional coins. Where is BiblePay Used? BiblePay is mainly used as a form of currency, and can be used to purchase goods and services. However, its primary focus is charity work, and it is mainly used to fund charitable organizations around the world. Where to Buy/Sell BiblePay? BiblePay is available to buy and sell on several different exchanges, such as Upbit, VinDAX, and Bittrex. It can also be bought and sold on local exchanges like LocalBitcoin and LocalEthereum.